VIETNAM TARGETS AVERAGE ANNUAL GROWTH RATE OF 7% FOR 2021-2025
On April 13, 2020, the Prime Minister promulgates the Directive No. 18/CT-TTg on building the five-year socio-economic development plan for the 2021-2025 period.
Specifically, ministries, central and local agencies shall study identify the basic issues of the five-year socio-economic development plan for the 2021-2025 period, focusing on the key content as follows:
First, the country's average growth rate (GDP) in 05 years from 2021 to 2025 shall increase about 7%, ministries, central and local agencies shall rely on the growing reality of sectors, areas and localities to work out appropriate growth plans.
Next, to promote to establish synchronous infrastructure systems in transportation, seaports, energy, information technology and communications, urban and agriculture, among others, etc. while developing urban areas in line with the trend of smart, green, environmentally friendly urban centers, adapting to climate change and focusing on improving urban quality.
In addition, to continue to build and promote the values of Vietnamese culture and people and the strength of the entire nation; implement social progress and social justice, create jobs and improve people's lives; disease prevention and control; promote hunger eradication and poverty alleviation; promote economic development in deep-lying, remote, border, island and ethnic minority areas, etc.
